Euler

Following growth in USL vaults, @usualmoney has expanded Euler's core bug bounty program by adding $2.5M, raising the total maximum reward to $7.5M. Key details: - Additional bounty paid in USUAL tokens - Applies to bugs affecting Usual's USL vaults - Represents one of web3's largest bug bounties - Builds on previous increase from $1M to $5M This enhancement demonstrates continued commitment to protocol security and aims to attract more security researchers. For complete information: [Visit Euler's bug bounty page](https://cantina.xyz/bounties/4d285eee-602e-440a-845e-25e155cec26a)

Euler Finance has activated new yield incentives worth $300,000 across its platforms. Users can now earn rEUL tokens by supplying WETH or USDC on either **Euler Prime** or **Euler Yield**. Key points: - Total incentive pool: $300,000 - Eligible assets: WETH, USDC - Reward token: rEUL - Available on: Euler Prime and Euler Yield platforms Supply assets directly through [Euler's app interface](https://app.euler.finance/?market=euler-yield%2Ceuler-prime&asset=WETH%2CUSDC&sorting=supplyApy-desc&network=ethereum)

Euler's vision of limitless lending is materializing through expanded protocol functionality. The platform now enables unique lending opportunities, particularly for Pendle PT assets, marking a significant advancement in DeFi lending capabilities. Key developments: - Enhanced flexibility for users and market creators - Novel lending opportunities previously unavailable elsewhere - Seamless integration with Pendle PT assets This expansion demonstrates Euler's commitment to innovation in decentralized lending markets.

Euler Finance has introduced 4 new ways to earn rEUL tokens: - Supply WETH - Supply cbBTC - Borrow USDC - Borrow cbBTC Each earning category offers **1,785 rEUL** tokens. This expansion follows significant growth in the protocol, with Euler Prime USDC deposits increasing by 92% in the past 24 hours. Users can participate through dedicated vaults on the Euler Finance platform. Visit app.euler.finance to access these opportunities.

Euler Prime has launched new lending incentives in partnership with Midas RWA, offering a total of $20,000 in USDC rewards: - $10,000 USDC rewards for USDC lenders - Additional $10,000 matched rewards from Euler - Users can utilize $mTBILL to borrow USDC This follows Euler's recent v2 launch, which introduced: - $1M bug bounty program - Modular vault design - Cross-collateralization features - Euler XP points system for vault creators and liquidity providers *Visit app.euler.finance to participate in the new incentive program.*

**Euler reward streams** are now available on @Contango_xyz, offering users an easy way to view potential rewards on Euler leveraged positions. This new feature enhances transparency and helps users make informed decisions about their investments. Key points: - Reward streams are live on Contango - Users can easily see potential rewards - Applies to Euler leveraged positions This update provides valuable insights for traders and investors using Contango's platform, potentially improving their strategy and decision-making process. Check out the new feature to optimize your Euler leveraged positions.

Euler has introduced a new Vault Explorer, developed by @PaperclipLabs. This tool offers users enhanced visibility and control over their DeFi investments: - Visualize relationships between vaults - Access real-time data on vault APY and utilization rates - Apply filters for assets, curators, and other parameters The Vault Explorer aims to provide a more comprehensive and user-friendly experience for Euler's community. To explore this new feature, visit: http://explorer.euler.finance

Origin Protocol has launched a new vault on Euler, offering enhanced incentives for users. Key details include: - Opportunity to earn $OGN tokens by depositing wOETH in the vault - Total distribution of 57,500 $OGN tokens - Incentive period spans 28 days This initiative aims to attract more users to the Origin Protocol ecosystem while providing attractive rewards for participants. Users interested in maximizing their crypto holdings may find this opportunity appealing. For more information and to participate, check the official Origin Protocol channels.

Euler has open-sourced its liquidation bot, now available on GitHub. The bot: - Monitors borrower health scores - Simulates and executes liquidations - Checks liquidation bonus value vs gas costs - Executes liquidations when profitable - Sends remaining collateral to a designated wallet Key features: - No external capital or flash loans needed - Utilizes EVC's deferred liquidity mechanism **Interested users can now run the bot themselves.** For more details, visit: https://github.com/euler-xyz/liquidation-bot-v2

Uniswap and Euler have announced their collaboration for the upcoming ETHPrague Hackathon. To assist participants, Euler has open-sourced their internal deploy scripts, enabling easy setup of realistic testing scenarios. Comprehensive documentation and support through their Discord channel are also available, with the option to reach out to their developer relations representative, MickdeG010, for assistance.